Peter Lewis: Asia business correspondent on China's economy slowing due to slump in investment
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
China's economy continues to slow down after months of decline, and retail sales and industrial production are at their lowest levels of the year.
Falling property prices are also to blame, with house prices in Beijing down 19% from last year.
Asia business correspondent Peter Lewis says that despite this downturn and the trade war with the US, China's exports have kept at a steady level.
He said that Xi Jinping's focus on expanding markets independent of the US is helping keep the economy moving.
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